Avoid #MACD for now! $SPX $SPY $DIA $DJIA $QQQ $COMPQ #heikinashi #markets

SP-500 ($SPX) daily

• (-) Bullish MACD is a good indication, in uptrends, when most signals are in positive area (above zero). Here, in a clear downtrend, the signal is well below zero. Its reliability is extremely weak. Avoid it.
• (-) The ten-day average is outside the normal positive range.
• (-) Heikin-ashi candle-inside-candle = Pause.
• (-) haDelta (not shown here) triggered a sell signal at the end of Thursday.

 

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SP-500 ($SPX) weekly

• (-) Nothing looks positive here

 

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SP-500 ($SPX) monthly

• (!) Waiting for more downtrend.
• (!) Below zero, the Hell breaks loose.

 

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Optimism, realism or pessimism? *You are the judge! #markets #heikinashi $SPY $SPX $DIA $QQQ

S&P-500 chart (Monthly)

 

$SPX, is this a crash warning? #markets #heikinashi #crash #trendfollowing

SP-500 ($SPX) daily

• (!-) The Turbulence Index, which measures the activity of several asset classes, is at a value not seen since 2008.

 

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SP-500 ($SPX) weekly

• (!-) The Turbulence Index is at a value not seen since 2008.

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SP-500 ($SPX) monthly

• (!) TI still at reasonable levels. The monthly timeframe is the most delayed of the three here.

 

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High probability for a market correction $SPX $SPY #markets #trading #heikinashi #correction

How much can the market stay stretched?

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S&P-500 ($SPX) daily

• (+) The previous price low at the end of January has not been hit (yet).
• (!)  MACD is ready to issue a negative signal.
• (-)  The daily 10-day average follows the rule: not higher that 1.5% from the price.

 

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S&P-500 ($SPX) weekly

• (+) MACD remains positive.
• (!)  MACD indicator at chart highs.
• (-) The daily 10-day average follows the rule: not higher that 4% from the price.
• (-) A steep uptrend Oct-present. Too steep to continue.

 

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S&P-500 ($SPX) monthly

• (+) Impeccable uptrend.
• (!-) The 10-month average is approaching historical resistance levels.

 

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Is the #market stretched? | #heikinashi #trendfollowing $psyline #trading

SP-500 ($SPX) daily

• (!) Short-term 9 is a warning level.

 

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SP-500 ($SPX) weekly

• (+) Theoretically, a run to 9.

 

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SP-500 ($SPX) monthly

• (+) In a bull market, a long-term 9-level is not an indication of a top, but of a trend continuation.

 

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$SPX, $TWTR, a #heikinashi #trend perspective | #markets #trendfollowing #twitter

S&P 500 ($SPX) daily

• (+) S-oscillator.
• (-)  Short reaction.

 

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S&P 500 ($SPX) weekly

• (!) Sitting on the trailing-stop.
• (-) Room for more downside.

 

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S&P 500 ($SPX) monthly

• (!) Unstable high position (S-oscillator).

 

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Twitter ($TWTR) daily

• (-) More downside from here.

 

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Twitter ($TWTR) weekly

• (-) A top here.

 

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Twitter ($TWTR) monthly

• (! -) Overextended.

 

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Market weakness $SPX $SPY: *one* technical view | #heikinashi #markets #trendfollowing

Or why you should add Heikin-Ashi tools to your analysis and trading/investing.

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SP-500 ($SPX) daily

• The recent high is in response to the previous very visible top, in late September-early October. Tweets may have exacerbated the momentum. But technical remains technical.
• (-) Although a delayed indicator, $MACD works.
• (-) haDelta points to more downward pressure.

 

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SP-500 ($SPX) weekly

• (-) Lower MACD highs.
• (!) MACD is ready to turn lower.
• (-) “In haDelta I Trust!”
• (-) S-oscillator is reversing from the top.

 

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SP-500 ($SPX) monthly

• (!-) MACD may reverse.
• (-) “In haDelta I Trust!”
• (+) Risk is 11%.

 

 

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